cautious
Recently
Meta Platforms Inc. seeks at least US$25 billion from bond sale to finance AI-infrastructure expansion
No Image
Meta targets ≥US$25 bn bond issuance to fund AI cap-ex, underscoring investor focus on spending and debt in tech.
Meta Platforms Inc. is reportedly targeting a bond issuance of at least US$25 billion, according to Bloomberg-sourced persons familiar with the matter. The multi-tranche offering will fund the company’s accelerated investment in its global AI infrastructure and data-centre build-out. The planned maturities range from five to forty years, with the longest-dated bonds expected to trade roughly 1.4 percentage-points above U.S. Treasuries. The large issuance signals a shift toward debt financing for tech cap-ex and underscores investor scrutiny of spending ahead of monetisation.